Fiat currencies
Crypto Currencies
No results for ""
We couldn't find anything matching your search.Try again with a different term.
Canaan - Post-IPO
Overview
Funding Date
November 4, 2025
Financing amount
$72M
Valuation
--
Category
About Canaan - Post-IPO
Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that BH Digital, a division of Brevan Howard, Galaxy Digital, and Weiss Asset Management (in alphabetical order) made a strategic investment totaling US$72 million in Canaan through the purchase of American depositary shares ("ADSs"), each representing 15 Class A ordinary shares of the Company. No warrants, options, or other derivative instruments were issued as part of this transaction.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 80 | [email protected] | ||
| Fund | United States of America | 2002 | 21 | [email protected] |
Founders & Team
N.G.Zhang
Company Profile / Project Introduction
Canaan inc. created the world's first ASIC Bitcoin miner and is also the first mining machine manufacturer to be listed on the Nasdaq. Canaan is dedicated to developing and selling Bitcoin mining machines and related services. Canaan’s headquarters are in Singapore and operates offices in China, North America, and Central Asia. Its machines are sold in 21 countries and regions around the world.